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Venture Capitalists, Entrepreneurs Call on Congress to Save SBIR

Josh Green, general partner at MDV-Mohr Davidow Ventures and three entrepreneurs visited Capitol Hill on Wednesday to testify before the House Small Business Committee about the need to reauthorize the SBIR program.

The Wall Street Journal’s Venture Capital Dispatch blog reported,

“Companies receiving venture funding may have other innovation in the pipeline worth [...]

SBIR Can Be Key to Accessing Financing in a Troubled Economy

With Congress knee-deep in legislation to help stimulate the economy and arguing over the budget, things are starting to heat up for Small Business Innovation Research (SBIR) as well. The current credit crunch has made obtaining funding for biomedical research even tougher. Researchers are facing unprecedented challenges. Unfortunately for some in biotech, slow cash flow [...]

PAN and Others Request Action from Congress

The Parkinson’s Action Network sent this to us for our blog:
The Parkinson’s Action Network and RetireSafe, along with 58 other organizations sent a letter to Congress urging them to take action on the SBIR Reauthorization Act this Congressional session. The Parkinson’s Action Network recognizes the unique needs of small biotechnology companies and that shrinking the [...]

Boston Globe discusses SBIR

On August 22, The Boston Globe ran an editorial discussing the SBIR bill created by Senator Kennedy, stating:

Kennedy and Rudman created the program because the work of small companies was often considered too risky and too preliminary to attract venture capital money. Supporters of the program fear that the House bill will dampen the kind [...]

Washington Business Journal on SBIR

Washington Business Journal
The House passed legislation that would make small businesses majority-owned by venture capital firms eligible for Small Business Innovation Research awards.
Through the SBIR program, 2.5 percent of the outside research budgets of 11 federal agencies — including the Department of Defense and the National Institutes of Health — is allocated for small [...]

National Dialogue on Entrepreneurship

The National Dialogue on Entrepreneurship is following the SBIR Debate:

SBIR Bill Advances
A new proposal to reauthorize and modernize the Small Business Innovation Research (SBIR) program is making fast progress through Congress. Late last month, the House of Representatives overwhelmingly passed H.R. 5819, a bill to reauthorize the SBIR program—which directs federal research funds [...]

Cystic Fibrosis Foundation Lauds Congress

The Cystic Fibrosis Foundation today lauded the U.S. House of Representatives for passing legislation to reauthorize the Small Business Innovation Research (SBIR) program.
 
 

In response to testimony from Robert J. Beall, Ph.D., president and CEO of the Foundation, the legislation includes a provision requiring that special attention be given to research for rare diseases, such as [...]

Conversation with the Cystic Fibrosis Foundation

 
The Cystic Fibrosis Foundation is the leading organization in the United States devoted to curing and controlling cystic fibrosis. We spoke with Mary Dwight about her organization and the important work they do.
 Can you tell us a bit about CFF’s purpose?  The Cystic Fibrosis Foundation is the leader in developing drugs to treat and [...]

House Small Business Committee Holds SBIR Hearing

House Small Business Committee Holds Hearing on the Reauthorization of the Small Business Innovation Research Program 
Witness List 
March 13, 2008 
Chairwoman Velazquez’s (NY-12) led a lively hearing on the SBIR program in helping small businesses support promising research. She emphasized the importance of reinstating eligibility of majority venture capital-backed companies and highlighted the remedy offered in the [...]

Putting the “I” Back into SBIR

Putting the “I” back — that is the “I” in innovation. While we consider SBIR program to be critical to the commercialization of biotechnology for our industry, it is clear that others do not share this view ordiffer on the ways in which this problem should be fixed. For example, Kristie Prinz wrote [...]